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Your Weekend Reading: A Central Bank Bonanza Is Coming

Ian Fisher, Bloomberg News

BIRMINGHAM, ENGLAND - OCTOBER 02: Boris Johnson speaks at a Conservative home fringe meeting on day three of the Conservative Party Conference on October 2, 2018 in Birmingham, England. The former Foreign Secretary makes his Brexit speech to the Conservative Home fringe meeting audience today. This is seen as a direct challenge to the Prime Minister's much maligned Chequers Deal. (Photo by Christopher Furlong/Getty Images) Photographer: Christopher Furlong/Getty Images Europe
, Photographer: Christopher Furlong/Getty Images Europe

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There’s a big week ahead for central bank watchers. The Federal Reserve, Bank of England and Bank of Japan are all set to meet, and the European Central Bank gathers for a forum in Sintra, Portugal. Investors are eager to figure out when and where the next interest rate cuts will be. Data from Morgan Stanley showed U.S. business conditions deteriorating this month by the most on record, reaching their lowest point since 2008, adding to recent signs that the U.S. economy is slowing.

What you’ll want to read this weekend

U.S. President Donald Trump alleged that Iran was responsible for attacks on oil tankers near the Persian Gulf and vowed the Strait of Hormuz won’t be closed. Iran vehemently denied any role in the incident.

Wall Street dads are still finding it hard to take parental leave.

Forget electric vehicles: The man considered China’s father of the electric car says hydrogen is the future.

“Salvatore Mundi,” the Leonardo da Vinci painting of questioned provenance that sold for $450 million, has been located. It’s on the yacht of Saudi Crown Prince Mohammed bin Salman, according to Artnet.

The Tories really want to trust Boris Johnson. But can they? That’s the question Britain’s Conservatives face as they consider whether they really want Boris Johnson to become their next prime minister. Johnson has what looks like an insurmountable lead in the race to follow May, even though there’s plenty of evidence Tories shouldn’t have faith in what he says.

To contact the author of this story: Ian Fisher in New York at ifisher10@bloomberg.net

To contact the editor responsible for this story: David Rovella at drovella@bloomberg.net